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Announced

Audax-backed Aspen Surgical to acquire Precept Medical Products.

Synopsis

Audax-backed Aspen Surgical, a worldwide manufacturer of disposable surgical products, agreed to acquire Precept Medical Products, a manufacturer of medical products. Financial terms were not disclosed. "The Precept acquisition is a wonderful synergistic fit for Aspen, but it also enhances our portfolio with products that are critical for the health and safety of healthcare professionals. We feel strongly in the quality of Precept's North American-manufactured PPE products, and we look forward to carrying on their mission to help fight preventable infections now at this critical time of pandemic and beyond," Jason Krieser, Aspen CEO.

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